Robert G Isaacs

US Patent:

20130304674, Nov 14, 2013

Filed:

May 11, 2012

Appl. No.:

13/469905

Inventors:

Robert Isaacs - Fort Lauderdale FL, US

International Classification:

G06Q 90/00

US Classification:

705500

Abstract:

A method of providing property, casualty and non-flood insurance includes the steps of establishing a membership entity (“ME”) to provide emergency-related goods and services to members, provide a right to purchase homeowner's property and casualty insurance from a special insurer, enable members of the ME to access the special insurer's network of general contractors for non-claim related repairs at a pre-established price. The insurer establishes internally integrated teams of retained general contractors/adjusters or one person acting as both. Included is a complete inventory, and photographic record of insured's property to minimize the risk of downstream fraud in the adjustment process if a claim occurs. Because of savings to the insurer of the internal contractors/adjusters, the documentation of the insured assets, the access of contractors to construction supplies at warehouses of the ME, the loss ratio of the direct-repair insurer is materially reduced, this markedly lowering the cost of insurance.